Claribel Santiago, Broker Salesperson

CSantiago@lrgnj.com

609-695-3300

Categories:New Homes in Trenton | Posted: July 1, 2018 | Comments Off on Take Advantage of Low Mortgage Interest Rates Before They Rise

Mortgage rates are on the rise, which is why this is the perfect time to take advantage of becoming a homeowner at The Whittaker in Trenton, New Jersey.

While interest rates are on the rise, they’re still low now and you can take advantage of owning a brand new Whittaker condominium for an amount that’s affordable for you.

Take our home 206 for example. This 2 bedroom, 2 baths, condominium comes complete with a tiled kitchen and you can OWN it for as little as 3% down – $4,049 – and only about $1,126 per month.*

For many people, that’s less than what they pay in rent. Plus, you’re living in a brand new home that you can use however you want instead of someone else’s home.

However, if you wait to purchase a home at Leewood Villages, a one percentage point rise in mortgage interest rates from 4.25% to 5.25% will increase your monthly cost by $78.91.

That’s $946 a year and a whopping $28,407 over the span of your 30-year fixed mortgage that you’re losing all because you waited to become a homeowner.

While it’s not a huge monthly increase, there’s a lot of other – better – things you can spend that extra money on, including:

Fancy dinners

Vacations

A new car

That pair of shoes you’ve had your eye on

Even a college tuition

Mortgage interest rates aren’t the only thing on the rise and rents consistently increase every year. Self-made millionaire pointed out that a renter can easily spend $540,000 on rent over a 30-year period and walk away with nothing when you decide to not re-sign your lease.

A 2 bedroom, 2 bathroom, brand new condominium at The Whittaker only costs $134,990 and if you decide to sell it, you could walk away with a profit.

Isn’t now the time for you to step up to homeownership and start building wealth for yourself and your family instead of your landlord?

Isn’t now the time to take advantage of lower mortgage interest rates and lower monthly payments before they go even higher and cost you money?

If you’re nervous about the homebuying process, don’t worry, we’ve got you covered.

We’re offering a special sale and you can receive $2,000 for closing costs!**

You deserve to feel the pride of owning a brand new, energy efficient, spacious home so contact us today to learn how you can become a homeowner before rates increase.

*For Qualified Buyers Subject to Conditions. **Must Use Whittaker independent preferred lender subject to conditions. Offer may be discontinued or modified at any time without notice. For qualified buyers. **For Qualified Buyers Subject to Conditions.